§ 33.04  TRANSFER OF FUNDS.
   Notwithstanding I.C. 8-14-1 and I.C. 8-14-2, the town may transfer money distributed to the town from the Motor Vehicle Highway Account under I.C. 8-14-1, the Local Road and Street Account under I.C. 8-14-2, or the Motor Vehicle Highway Account under I.C. 8-14-1 and the Local Road and Street Account under I.C. 8-14-2 to any other town fund after the passage of an ordinance or a resolution by the Town Council that specifies the amount of the transfer, the funds involved, the date of the transfer and the general purpose of the transfer; however, the total amount of all money transferred by the town under this section may not exceed $40,000.
(Prior Code, § 23.06)